Consumer Staples Jun 10, 2021 12:43 PM (GMT+8) · EqualOcean
Cheduoduo group recently completed a new round of US $300 million financing, of which US $200 million was invested by H capital, followed by Sequoia Capital China fund and IDG capital, and US $100 million was personally invested by Group CEO Yang Haoyong. The financing will be mainly used for the ongoing exploration of e-commerce, from the semi e-commerce mode of online car watching and offline transaction to the comprehensive e-commerce mode of online transaction and offline performance; From self support to opening up, access to third-party car dealers, expand car sources, empower the industry, and transform to platform mode.

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